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18638408
18638407

24251 Atlantic Dr, Rodanthe, NC 27968

MG
NC NC 252438
REMAX Coastal Associates
Listed by REMAX Coastal Associates
$1,900,000
704 days on market
Updated 63 days ago

24251 Atlantic Drive

Details
APN 065809168447
Property Type Industrial, Retail
Sub Type Warehouse
Square Footage 3,212
Cap Rate 7.62%
NOI $160,000
Occupancy 100%
Tenancy Single
Lease Type Gross
Year Built 1980
Year Renovated 2014 - 2024
Acreage 1.840
Zoning S-1
Parking Spaces spaces

Spectacular Oceanfront Opportunity: Rodanthe Pier NOI $160k | 7.62% CAP | 3,212 SF

Marketing description

Spectacular Oceanfront Opportunity: Rodanthe Pier NOI $160k Nestled along the pristine shores of Rodanthe, North Carolina, the iconic Rodanthe Pier awaits its new owner. Boasting breathtaking ocean views and unparalleled access to the Atlantic, this historic landmark is a rare gem in the heart of the Outer Banks. Key Features: Premier Location: Situated on a prime stretch of Rodanthe's coastline, offering panoramic vistas of the Atlantic Ocean. Historic Charm: Established in the 1960's the Rodanthe Pier holds a rich legacy and is a beloved destination for locals and tourists alike. Ample Space: Spanning approximately 500 feet over the water, providing ample space for fishing, leisure, and memorable events. Iconic Significance: Featured in popular films and cherished by visitors for its picturesque setting and tranquil atmosphere. Development Potential: Ideal for redevelopment opportunities such as a boutique hotel, resort, or exclusive oceanfront residences, subject to local regulations. Location Highlights: Natural Beauty: Surrounded by the natural splendor of the Outer Banks, known for its pristine beaches and diverse wildlife. Recreational Paradise: Proximity to world-class surfing, fishing, and water sports, attracting outdoor enthusiasts year-round. Local Attractions: Close to charming shops, dining options, and historical sites that capture the essence of coastal living. Whether seeking an investment opportunity, a piece of Outer Banks history, or a canvas for visionary development, the Rodanthe Pier represents a one-of-a-kind offering in North Carolina's coastal real estate market. Don’t miss your chance to own a piece of paradise—schedule your private viewing today. Serious inquiries only. Contact Misty Gillikin at 757-575-2172 [email protected] for more details.

Investment highlights

  • Virtual tour - https://my.matterport.com/show/?m=eVPUGFiWTHL&brand=0
  • Parking/garage 26-50 Spaces

Listing Contacts

MG
NC NC 252438
REMAX Coastal Associates
Listed by REMAX Coastal Associates

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$160,000.00
$13,333.33/mo

Valuation Metrics

0
DSCR
8.42%
Cap Rate
8.42%
ROI

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Additional Information

Name
Misty Gillikin
License
NC 252438
Brokerage
REMAX Coastal Associates
Brokerage Phone
7575752172
Title
Real Estate Professional
Brokerage Address
2400 North Croatan Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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